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The matching principle of accounting requires that a. expenses be recorded in the accounting period in which they are incurred b. adjusting entries be made

The matching principle of accounting requires that 


a. expenses be recorded in the accounting period in which they are incurred 

b. adjusting entries be made at the end of an accounting period 

c. the total of the debits equal the total of the credits 

d. the total revenues equal total expenses

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